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Sep 4, 2022 · The most period thing about Grainger is the fact that she still uses earphones with wires. And yet still, there is something old-world about her. The apple cheeks and pronounced swoop-de-swoop of...
- Annabel Nugent
Jul 20, 2019 · “One of the most beautiful things about this script was that: yes, it’s a period romance, but I think the message behind it felt quite contemporary,” Grainger explains. “In the fact that they...
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Dec 3, 2020 · The most interesting period here is 2015-2018. Three years in a row, 2015, 2016, and 2017, saw moderate EPS declines, and then there was a big EPS recovery in 2018. I actually wrote an article...
- Supply Chain Issues and Labor Shortages
- Face-To-Face Meetings Are Back
- Transportation Challenges
Macpherson said Grainger is actively leveraging its network to deal with supply-chain constraints. A customer in New York that would typically fulfill its order from Grainger’s Northeast distribution center now may receive part of that order from Grainger’s Louisville distribution center. “In this case, the order may be fulfilled from Louisville, a...
Macpherson said he was out in the field “quite a bit” in the second quarter in order to spend time with customers and get their feedback. If a customer is accepting in-person visits, Grainger will be there, he said. “I’m hearing consistently that while we may be delivering a bit differently than the past. We are serving our customers better than th...
Because it’s linked to the product shortages and labor issues, Macpherson said transportation continued to be challenging in 2021. Grainger has always prioritized optimal routes and cost efficiencies, but over the last few months it has found new ways to partner with its carriers to handle volume and provide flexibility. “It’s important to note tha...
2 Reconciliations of the measures referenced in the table above to the most directly comparable GAAP measures are provided on page 13 of this Fact Book. 3 3.6% is total company, organic daily sales growth and excludes results for Fabory (post June 30, 2020) and Grainger China (post August 21, 2020) in the prior year period to reflect the
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Apr 25, 2024 · CHICAGO, April 25, 2024 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the first quarter of 2024 with sales of $4.2 billion, up 3.5%, or 4.9% on a daily, organic constant currency ...
Jul 27, 2023 · Focused execution driving continued strong results; Company raises midpoint of full year 2023 guidance Second Quarter Highlights Delivered sales of $4.2 billion, up 9.0%, or 10.1% on a daily, constant currency basis Generated operating earnings of $661 million, up 23.5%, with operating margin of 15.8%, up 190-basis points Achieved diluted EPS ...
